Posts Tagged ‘Korea’

10 Things You Need To Know That Are Going On This Weekend

SPECIAL EDITION: 10 Things You Need To Know That Are Going On This Weekend

Courtesy of Joe Weisenthal, at Clusterstock 

It’s a Saturday, but it certainly doesn’t feel like it, because there’s a heck of a lot going on. 

Here’s what you need to be paying attention to this May Day.

  • Greece/IMF/EU talks continue. According to Greek government officials, some kind of announcement may be made today. The market is hoping to hear something that’s orders of magnitude stronger than any bailout announcement we’ve gotten so far, or otherwise the feeling will be that it can and will fall through again.
  • Of course, there are fresh violent, anti-austerity protests going on today in Athens. The fact that it’s May Day, a day for celebrating anti-capitalism only adds to the tension.
  • New reports suggest the criminal probe into Goldman Sachs is not just a perfunctory follow-on to the SEC charges, but rather a truly separate thing that’s wider than Abacus, and that started before the SEC’s investigation. HUGE.
  • With just five days before the election, UK’s The Guardian has endorsed the Liberal Democrats, the country’s biggest third party. Its leader, Nick Clegg, has surged thanks to a string of strong debate performances, Gordon Brown’s disastrous campaigning, and a lingering sense of unease with the conservatives.


    continue reading


    Tags: , , , , , , , , , , , , , , ,




     
     
     

    Zero Hedge

    Rabobank: Is It Possible The Fed Is So Stupid It Doesn't Understand What It Is Doing

    Courtesy of ZeroHedge View original post here.

    By Michael Every of Rabobank

    Warning: May contain crisis

    I am lucky in that I don’t have a serious food allergy, such as to peanuts. I fully grasp just how dangerous these can be to those that unfortunately do, and why we need clear food labels to show if there is even a trace of nuts. Having said that, I always find it ironic that when I get given the standard packet of peanuts on a plane, it is labelled: “Warning: may contain nuts”. Are there people who might not know that peanuts contain nuts? Appa...



    more from Tyler

    Phil's Favorites

    The Martian

     

    The Martian

    Courtesy of Scott Galloway, No Mercy/No Malice@profgalloway

    I often write about platforms (iOS, Amazon Marketplace, etc.) as they are a source of value creation and power. The platform of unprecedented wealth creation is the free market of capitalism. The global adoption of markets has corresponded with the greatest expansion of prosperity in human history. But similar to tech platforms, free markets are neither naturally occurring nor immune to collapse. The “free” market can fail.

    Live from New York

    This Saturday at 11:29 pm ET, we’ll witness the lat...



    more from Ilene

    Digital Currencies

    NFTs are much bigger than an art fad - here's how they could change the world

     

    NFTs are much bigger than an art fad – here's how they could change the world

    Homes fit for zeroes (and ones). Julien Tromeur

    Courtesy of James Bowden, University of Strathclyde and Edward Thomas Jones, Bangor University

    Sotheby’s has become the latest establishment name in art to dive into NFTs (non-fungible tokens) through its collaboration with anonymous ...



    more from Bitcoin

    Biotech/COVID-19

    India COVID crisis: four reasons it will derail the world economy

     

    India COVID crisis: four reasons it will derail the world economy

    India is the fifth largest economy in the world. Deepak Choudhary/Unsplash

    Courtesy of Uma S Kambhampati, University of Reading

    The second wave of the pandemic has struck India with a devastating impact. With over 300,000 new cases and 3,000 deaths across the country each day at present, the total number of deaths has just passed the 200,000 mark – that’s about one in 16 of all COVID deaths across the world....



    more from Biotech/COVID-19

    Chart School

    Yellen can not stop the dollar decline

    Courtesy of Read the Ticker

    Printing money results in a lower currency, so long as the currency does not fall too fast.

    Previous Post: US Dollar Forecast - Weakness

    Here are the very strong fundamentals for a lower US dollar: 

    (a) US inflation exploding.
    (b) Massive US twin deficits.
    (c) Better conditions in Europe.

    However French election worries in 2022 Q1 and Q2 may provide US dollar strength (via European weakness) after Christmas, but this strength may come after a low in the DXY near $84.  

    It looks like Yellen knows a down swing in the US dollar is near because ...

    more from Chart School

    Politics

    If China's middle class continues to thrive and grow, what will it mean for the rest of the world?

     

    If China's middle class continues to thrive and grow, what will it mean for the rest of the world?

    Over the past few decades, hundreds of millions of Chinese citizens have become part of the middle class. AP Photo/Ng Han Guan

    Courtesy of Amitrajeet A. Batabyal, Rochester Institute of Technology

    China’s large and impressive accomplishments over the past four decades have spurred scholars and politicians to debate whether the decline of the West – including the ...



    more from Politics

    ValueWalk

    Managing Investments As A Charity Or Nonprofit

    By Anna Peel. Originally published at ValueWalk.

    Maintaining financial viability is a constant challenge for charities and nonprofit organizations.

    Q4 2020 hedge fund letters, conferences and more

    The past year has underscored that challenge. The pandemic has not just affected investment returns – it’s also had serious implications for charitable activities and the ability to fundraise. For some organizations, it’s even raised doubts about whether they can continue to operate.

    Finding ways to generate long-term, sustainable returns for ...



    more from ValueWalk

    Kimble Charting Solutions

    Will Historic Selloff In Treasury Bonds Turn Into Opportunity?

    Courtesy of Chris Kimble

    Long-dated treasury bonds have been crushed over the past year, sending ETFs like TLT (20+ Year US Treasury Bond ETF) spiraling over 20%.

    Improving economy? Inflation concerns? Perhaps a combination of both… interest rates have risen sharply and thus bond prices have fallen in historic fashion.

    Today’s chart looks at $TLT over the past 20 years. As you can see, the recent decline has truly been historic. $TLT’s price has swung from historically overbought highs to oversold lows.

    At present, the long-dated bond ETF ($TLT) is trading 7.8% below its 200-...



    more from Kimble C.S.

    Mapping The Market

    Suez Canal: Critical Waterway Comes to a Halt

     

    Suez Canal: Critical Waterway Comes to a Halt

    Courtesy of Marcus Lu, Visual Capitalist

    The Suez Canal: A Critical Waterway Comes to a Halt

    On March 23, 2021, a massive ship named Ever Given became lodged in the Suez Canal, completely blocking traffic in both directions. According to the Suez Canal Authority, the 1,312 foot long (400 m) container ship ran aground during a sandstorm that caused low visibility, impacting the ship’s navigation. The vessel is owned by Taiwanese shipping firm, Evergreen Marine.

    With over 2...



    more from M.T.M.

    Promotions

    Phil's Stock World's Weekly Webinar - March 10, 2021

    Don't miss our latest weekly webinar! 

    Join us at PSW for LIVE Webinars every Wednesday afternoon at 1:00 PM EST.

    Phil's Stock World's Weekly Webinar – March 10, 2021

     

    Major Topics:

    00:00:01 - EIA Petroleum Status Report
    00:04:42 - Crude Oil WTI
    00:12:52 - COVID-19 Update
    00:22:08 - Bonds and Borrowed Funds | S&P 500
    00:45:28 - COVID-19 Vaccination
    00:48:32 - Trading Techniques
    00:50:34 - PBR
    00:50:43 - LYG
    00:50:48 - More Trading Techniques
    00:52:59 - Chinese Hacks Microsoft's E...



    more from Promotions

    The Technical Traders

    Adaptive Fibonacci Price Modeling System Suggests Market Peak May Be Near

    Courtesy of Technical Traders

    Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels.  This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.

    This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...



    more from Tech. Traders

    Lee's Free Thinking

    Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

     

    Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

    Courtesy of Lee Adler, WallStreetExaminer 

    The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

    Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



    more from Lee

    Insider Scoop

    Economic Data Scheduled For Friday

    Courtesy of Benzinga

    • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
    • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
    • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
    • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
    ...

    http://www.insidercow.com/ more from Insider





    About Phil:

    Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

    Learn more About Phil >>


    As Seen On:




    About Ilene:

    Ilene is editor and affiliate program coordinator for PSW. Contact Ilene to learn about our affiliate and content sharing programs.